__________ Refers to an Arrangement by Which the Owner of a Product

question 8

Multiple Choice

__________ refers to an arrangement by which the owner of a product or service allows others to purchase the right to distribute the product or service with help from the owner.

• A) Franchising
• B) Business incubation
• C) Spinning-off
• D) Globalization
• E) Right offerings

Distinguish between values and attitudes and recognize their interplay in shaping behavior and perceptions.

Describe the impact of cultural differences on views of power, authority, and value systems.

Explain the concepts of instrumental and terminal values and their relevance to goal setting and achievement.

Identify the causes and effects of values conflict and cognitive dissonance on decision making and personal well-being.

---

Definitions:

Negotiation

A dialogue between two or more parties aimed at reaching a consensus or resolving differences.

Indirect Tie

A relationship or connection between entities through an intermediary rather than a direct link.

Strength-of-ties Perspective

A theory in social science that examines the value and impact of the strength of interpersonal relationships within networks.

Networking Site

A platform on the internet where individuals can connect, share, and interact with others for personal or professional networking.